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20110729
20110729
Search Results 0 to 6 of about 7 (some duplicates have been removed)
the winding down of military operations in iraq and afghanistan. and, it would give the government an additional $2.7 trillion in borrowing authority to last through 2012. the top republican in the senate mitch mcconnell said democrats were playing with fire by opposing the boehner plan. >> it's inconceivable to me that they would actually block the only bill that could get through the house of representatives and prevent a default right now. it's inconceivable to me that they would do this for no other reason than to help the president avoid another debate before the election about the need for washington to get its fiscal house in order. >> reporter: those words were echoed by many house republicans who took to the floor this afternoon. >> what needs to be done today-- if you owe debts, pay debts. but we also owe a debt to this generation struggling and the next that we can only repay through fiscal reform. >> reporter: house democrats, such as jim mcgovern of massachusetts, had a very different take on the plan. >> i keep expecting lion tamers and acrobats to appear on the house
wolf case. sources tell me be a dobe was angry about the u.s. wars in afghanistan and iraq and was heading to ft. hood to get revenge. we're told that abdo had been under investigation for months. apparently he initially came under suspicion after he was allegedly overheard making radical statements. military officials started looking at his background and eventually came across child pornography so his computer. abdo facing those charges in a court-martial disappeared on the fourth of july. in addition to the bomb-making materials in that texas hotel, police discovered jihadist material. as the investigation continues, the fbi wants to know did abdo become a ticking time bomb on his own or did someone encourage him? rob and tanya? >> all right, pierre thomas. >>> norway's police now believe last friday's mass murders were carried out by a lone wolf attacker. since killing 76 people in that bombing and shooting massacre, anders breivik has said he is part of a network of people plotting against multi-cultural europe. but authorities now say he acted alone last week and he k
wars, one in iraq and one in afghanistan and keep in mind, this, of course, was post-9/11. nothing, though, compares to the bush tax cuts have had on the federal budget. how does this compare to barack obama? well, we're looking at projected spending here from 2009 all the way to 2017. there is president obama's health care package, obama care, $152 billion there. discretion nair extendy tear, stimulus tax cuts, just over $425 billion and barack obama had his own stimulus package, just over $700 billion. let's look at the two grand totals here. president bush, a grand total of over $5 billion, president obama about $1.5 trillion. what this says is, yes, both presidents spent a lot of money over a long period of time but this crisis has been years in the making. >> that's one of the criticisms that many on washington have been receiving. we saw this coming. >> now it's time for a spot of weather and it's not looking like a great weekend for us in asia. in fact, if winds were howling around our building. i believe it has a lot do with the tropical storm system that's passing by here
to the president of the united states, as an example, we want you to continue to wage war in afghanistan at the cost of $10 billion a month, this president knows that he will have to borrow about $4 billion a month to meet that congressional appropriation. you see, we borrow about 40 cents for every dollar we spend. similarly, when it comes to the payments that we make to our veterans, who are disabled, we have promised them we will pay you, because you served our country and you lost a limb or you were injured and we will compensate you for that loss for the rest of your life. we need in making that commitment that we're also making a commitment to borrow the money necessary to do it. so periodically a president will come to congress and say, i understand our obligations which you have sent to me and i have approved, and now i ask you to extend my authority to borrow the money to meet those obligations. that has happened 89 times since 1939. since we passed this law, presidents of both parties have come to congress and asked for that authority. and aceman as i mentioned, not d congress
Search Results 0 to 6 of about 7 (some duplicates have been removed)